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it is more of a defensive posture to say let's really make sure that we can continue to be a viable entity. tracy: it's interesting that you think obamacare could be part of the decision process. we are saying that we need to hold onto our own cash. the problem is you could be buying in at the market high points. >> well, if that is the only thing you are counting on is that company retirement needs, then you have a personal problem. [laughter] tracy: 46% of americans say they have saved less than $10,000 for retirement. >> that's right. the statistics are staggering. if you look at it in entirety, you think about where did all this come from, what is this notion of retirement. the three legged stool. pensions, iras, four o. one kays. all of that coming together. what is left anymore? pensions have been shut down companies. pensions are bankrupting municipalities. we talked about social security, it's ppobably not something that we can count on. it is really personal savings. when you look deeper at personal savings from these statistics are alarming. this generation an era that we have gr
it is more of a defensive posture to say let's really make sure that we can continue to be a viable entity. tracy: it's interesting that you think obamacare could be part of the decision process. we are saying that we need to hold onto our own cash. the problem is you could be buying in at the market high points. >> well, if that is the only thing you are counting on is that company retirement needs, then you have a personal problem. [laughter] tracy: 46% of americans say they have saved...
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the defense of susan rice we saw is the worst defense of everybody since brutus is an honorable man was simply himself getting carried away, saying don't touch the little lady. saying i'll defend her. he sort of put himself out there as if this is a challenge to my authority. implying that he would have to nominate her. but cooler heads prevailed. not sure whose they were. but clearly had she been nominated the benghazi scandal would have been on the fron page. and i think with her not being nominated, benghazi scandal will die in the main stream media. they will have no interest in this story. that is why i think the president sought safety. he put himself out there. would have rather had her and feels he somehow yielded. the consolation will be he will make her national security advisor, a powerful position. it does not require the consent of the senate. henry kissinger in the first term for nixon they did all this amazing stuff he was the national security advisor and then he became the secretary of state. so it could be even in theory and history a more powerful position than secret
the defense of susan rice we saw is the worst defense of everybody since brutus is an honorable man was simply himself getting carried away, saying don't touch the little lady. saying i'll defend her. he sort of put himself out there as if this is a challenge to my authority. implying that he would have to nominate her. but cooler heads prevailed. not sure whose they were. but clearly had she been nominated the benghazi scandal would have been on the fron page. and i think with her not being...
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majorities disapprove of specific cuts to education, infrastructure, defense and anti-poverty programs. and just more than half oppose raising the eligibility age for social security and medicare. while both sides have proposed cuts and changes to medicare, only limited specifics have been released. >> woodruff: now, for more on what the public thinks about how the leaders are handling the negotiations and the debate over cuts to medicare, we turn to ray suarez. he begins with the pew research center poll. he talked about it a short time ago with the pew research center's andrew kohut. >> brown: andy kohut, welcome. you've been measuring public attitudes since election day. is it shifting in a way that gives president obama a stronger hand in dealing with republican leaders as we approach the fiscal cliff? >> no question. he's gotten a lot of -- he has a lot of capital with the public. his approval ratings have surged to 55%. a point of comparison, president bush in december, 2004, was at 48%. we asked people is obama trying to make a serious effort to negotiate a deal, get a deal, 55%
majorities disapprove of specific cuts to education, infrastructure, defense and anti-poverty programs. and just more than half oppose raising the eligibility age for social security and medicare. while both sides have proposed cuts and changes to medicare, only limited specifics have been released. >> woodruff: now, for more on what the public thinks about how the leaders are handling the negotiations and the debate over cuts to medicare, we turn to ray suarez. he begins with the pew...
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gas by 2016 to have cleaner skies, more jobs, investment security to allow making real cuts to the defense budget. and that would encourage gas station owners and nat gas owners to work together to promote rapid acceptance of the fuel that could make our nation energy independent and create an industrial ren nance of the likes we haven't seen in decades. it can happen, it's not, though. the opportunity is being squandered and in no time, creative companies will find ways to export natural gas. and there is still time for our government to recognize the nat gas glut and take advantage. it won't last forever. stick with cramer. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it c
gas by 2016 to have cleaner skies, more jobs, investment security to allow making real cuts to the defense budget. and that would encourage gas station owners and nat gas owners to work together to promote rapid acceptance of the fuel that could make our nation energy independent and create an industrial ren nance of the likes we haven't seen in decades. it can happen, it's not, though. the opportunity is being squandered and in no time, creative companies will find ways to export natural gas....
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cuts and push -- >> dana: they will push off the defense cuts. push them off. >> andrea: how howardly is that? i think a lot of members secretly wanted the cuts to take place so they don't take a stand and they don't have to vote either for higher taxes or on entitlements. today is -- bob is right. today is the last day that they need to come up with a deal because there is a time crunch on the legislation. getting it through. but i think it's disingenuous for jay carney to come out and say today, republicans haven't moved at all. republicans have moved. they have come to the table with revenue raisers. it's the democrats that haven't moved at all. i do think that after the first of the year, it's not good to have the fight. the reason for that is they are just fighting over the tax cuts for the rich, that is a p.r. battle that the president wants, because he knows he will win. >> greg: this was supposed to be about spending, and taxes. now it's just about taxes. it's like ignoring cancer and treating a cold sore. it's always going to be about sp
cuts and push -- >> dana: they will push off the defense cuts. push them off. >> andrea: how howardly is that? i think a lot of members secretly wanted the cuts to take place so they don't take a stand and they don't have to vote either for higher taxes or on entitlements. today is -- bob is right. today is the last day that they need to come up with a deal because there is a time crunch on the legislation. getting it through. but i think it's disingenuous for jay carney to come out...
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lots of areas where the market could run into glitches and i think it's a great time to play defense. >> can i correctly assume that the power gauge on apple is negative, in the near term, if you are mentioning that as one factor of being bearish in 2013? >> power gauge is neutral. it's bearish on a lot of other stocks. the stock is down significantly and that's no longer driving the positive market psychology. a big drain. >> let's talk about a particular sector, because it seems like the power gauges are telling you that luxury is a sell going into next year. >> luxury and high end retail. you've got an interesting unknown dichotomy. retail stocks tend to underperform between thanksgiving and christmas, courtesy of the spoke investment group. great study they did. number two, consumer sentiment, very negative. particularly at the high end where the uncertainty over the tax rates next year is greatest. and i think this is a great area to raise cash. >> on luxury, the big thing for me is china's not 25% of the global luxury goods market and the u.s. is 20%. china is growing as a luxur
lots of areas where the market could run into glitches and i think it's a great time to play defense. >> can i correctly assume that the power gauge on apple is negative, in the near term, if you are mentioning that as one factor of being bearish in 2013? >> power gauge is neutral. it's bearish on a lot of other stocks. the stock is down significantly and that's no longer driving the positive market psychology. a big drain. >> let's talk about a particular sector, because it...
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defense, state, treasury, and ag. we have one african-american as attorney general. doesn't he have to have a woman in the big four? don't you think? >> absolutely. janet napolitano for ag, but maybe there is a woman for treasury secretary. >> look, brainard is well respected in the international -- been involved in the european debt crisis. i think she could be somebody you see sort of re-emerge as a potential leading candidate. >> i think looking like america is a big deal these days, a very big deal. thank you so much andrea mitchell. thank you, chuck todd. chuck, you're staying with us on this political thing we're doing next. >>> coming up, the results of our new poll are in and one thing is clear. the republican party has a sorry reputation right now. do you believe that? big time. the most frequent words people use to describe the party are bad, weak, and negative. for all the millions the party spent to sell its candidates, the american public really doesn't like what it sees when it hears the word republican. >>> plus, a preview of coming attractions. hillar
defense, state, treasury, and ag. we have one african-american as attorney general. doesn't he have to have a woman in the big four? don't you think? >> absolutely. janet napolitano for ag, but maybe there is a woman for treasury secretary. >> look, brainard is well respected in the international -- been involved in the european debt crisis. i think she could be somebody you see sort of re-emerge as a potential leading candidate. >> i think looking like america is a big deal...
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joining me is bob dean from the national resources defense council. one of the groups behind that particular study. bob, thank you. welcome to the show. >> thank you, sandra. good to be here. sandra: so let me get this straight. you're blaming the warm winters, lack of snow on climate change? >> absolutely. you mentioned sandra, we're on track as of end of the november we had the hottest year on record in this country. 3.3 degrees hotter than the 20th century average. it hurt our farmers and ranchers, devastated worst drought in 50 years. fires detroit nine million acres of forest and fields. we'll seeing it on the ski slopes. climate change for the slopes means less snow on the ground, feuder skiers on the slopes. if you make your living in the business, less money in the wallet and paycheck. sandra: one might question that reasoning behind this and say a billion dollar loss for the industry over the past decade. your study says 27,000 jobs have been lost. i might remind you hey, we've been in a brutal recession. we're slow coming out of it. it might
joining me is bob dean from the national resources defense council. one of the groups behind that particular study. bob, thank you. welcome to the show. >> thank you, sandra. good to be here. sandra: so let me get this straight. you're blaming the warm winters, lack of snow on climate change? >> absolutely. you mentioned sandra, we're on track as of end of the november we had the hottest year on record in this country. 3.3 degrees hotter than the 20th century average. it hurt our...
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bloomberg news reported that former nebraska senator republican chuck hagel is the president's top pick for defense secretary. and that -- that would be replacing bob gates. that would have left senator john kerry out of luck because u.n. ambassador susan rice was in line for the state department post. and then this bombshell... >> good day. we're coming on the air right now to break exclusive word that the united states ambassador to the united nations ambassador susan rice, has transmitted word to the president of the united states that she is withdrawing her own name from any future consideration for nomination to become perhaps the next secretary of state. >> jennifer: wow! and then president obama in response to her letter, released a statement saying... >> jennifer: he is, of course, referring to the relentless attacks from republicans who suggested that she purposely misled the country about the benghazi attack that killed ambassador christopher stevens. joining me now is bill press. he's most of current tv's "full court press." he's author of "the obama hate machine." the lies, distortions
bloomberg news reported that former nebraska senator republican chuck hagel is the president's top pick for defense secretary. and that -- that would be replacing bob gates. that would have left senator john kerry out of luck because u.n. ambassador susan rice was in line for the state department post. and then this bombshell... >> good day. we're coming on the air right now to break exclusive word that the united states ambassador to the united nations ambassador susan rice, has...
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secly, clearly, you don't want all the sequester to take place with regards to defense and discretionary. allow some of it to take place. you know, we got to -- we got to get rid -- we have to patch it before comprehensive tax reform, something pending more fundamental health care reforks. the president talks about balance. i don't expect to suggest that's the wrong term, but we need a comprehensive solution, a balanced solution because balance is why 50/50, i'm is libra -- [laughter] 50/50 with regards to spending and taxing. .. will generate more revenues, that will be counted as a spending reduction under government rules because premiums for medicare beneficiaries count as a reduction in spending. if you look at indexing formulas and things of that nature to end a perfect and the spending side and revenue side, with completion or otherwise come to you conducing structural that will both slows spending as well as generate additional revenues. now we need to do a lot more than that. i think what we also need to do is recognize reality. our goal should be not balancing the budget becaus
secly, clearly, you don't want all the sequester to take place with regards to defense and discretionary. allow some of it to take place. you know, we got to -- we got to get rid -- we have to patch it before comprehensive tax reform, something pending more fundamental health care reforks. the president talks about balance. i don't expect to suggest that's the wrong term, but we need a comprehensive solution, a balanced solution because balance is why 50/50, i'm is libra -- [laughter] 50/50...
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. >> i am with defense daily. can you talk about smart financing and touched about how that interrelates with sharing of cyber and infrastructure? >> i wish i could talk more about spared financing. i want to get smart finances. there are creative ways of public-private financing. we see that in our transportation sector with private roads and toll r oads. we will increasingly see where folks who have figured out ways to partner with governments that address the private sector's need for return on investments in relatively short term and the government's needs for something that is sustainable for the long term and where we have very limited resources. the government has the ability to put into place a legal framework that could assist in that. it has a longer-term framework and the ability to stretch things out. it does not have to satisfy a quarterly shareholder. is there a way to bring that kind of ability to make a longer-term investment to bear with a short-term lack of funds together with the private sector,
. >> i am with defense daily. can you talk about smart financing and touched about how that interrelates with sharing of cyber and infrastructure? >> i wish i could talk more about spared financing. i want to get smart finances. there are creative ways of public-private financing. we see that in our transportation sector with private roads and toll r oads. we will increasingly see where folks who have figured out ways to partner with governments that address the private sector's...
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one of those firms is schwab, they say they can adjust defenses if they see any violations. maria, back to you. >> mary, thank you so much. coming up next, illinois congresswoman jan schakowsky says there's no way a deal can be reached and if union workers don't get the health care benefits they want may walk out, this after unions are making moves across the board in business that have put certain firms out of business. we've got the debate coming up. what are you up to? oh, just diagramming this accident with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the internet that isn't true. where did you hear that? [ both ] the internet. oh look. here comes my date. i met him on the internet. he's a french model. uh, bonjour. [ male announcer ] state farm. more mobile than ever. get to a better state. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i ne
one of those firms is schwab, they say they can adjust defenses if they see any violations. maria, back to you. >> mary, thank you so much. coming up next, illinois congresswoman jan schakowsky says there's no way a deal can be reached and if union workers don't get the health care benefits they want may walk out, this after unions are making moves across the board in business that have put certain firms out of business. we've got the debate coming up. what are you up to? oh, just...
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cabinet officials like defense and state have thousands of employees, and that unfortunately plays a part. because she was significantly outgunned politically. she was also in a bind because she wasn't supposed to return fire given her current role. the other big point, and i think this is easy to forget, is we're not talking about whether a majority of the senate opposed her. mr. alter's comments are directly on point because there is that authority under the constitution. >> right. >> but i don't think anyone who has followed this would say there was anything close to 51 senators who opposed her playing a foreign policy role in this administration. what i counted, and i have done some reporting on this issue, was about six senators who said they were considering filibustering her, maybe several more who didn't like some of her positions and wanted to get into the details 6 some of her statements about libya. but we have to be very clear when when he look at these kind of standoffs and we look at the way washington works that we in the press and many in the political class fall into
cabinet officials like defense and state have thousands of employees, and that unfortunately plays a part. because she was significantly outgunned politically. she was also in a bind because she wasn't supposed to return fire given her current role. the other big point, and i think this is easy to forget, is we're not talking about whether a majority of the senate opposed her. mr. alter's comments are directly on point because there is that authority under the constitution. >> right....
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the defense secretary said, when i asked him about whether the u.s. would intervene in mali, we're going to go wherever the hell they are, his words, and get al qaeda. so that's going to be a very big question for the united states, about what happens next, and whether the united states can be here in afghanistan, with 10,000 or 20,000 troops, and also dealing with yemen and somalia and perhaps some sort of operation in mali. back to you. >> mali also one of the poorest countries in the world. and i know you have taken great interest in that country as well. erin burnett, thank you so much for your great work. you can see more of erin's reporting from afghanistan and her exclusive interview with leon panetta on "erin burnett outfront," that is at 7:00 p.m. eastern, right here on cnn. >> she really is outfront tonight. looking forward to her interview. >>> you may want to keep a close eye on your bank account. we're looking at a big attack potentially in the works. your money could be at risk. >>> and a top republican tells me that it's for the best th
the defense secretary said, when i asked him about whether the u.s. would intervene in mali, we're going to go wherever the hell they are, his words, and get al qaeda. so that's going to be a very big question for the united states, about what happens next, and whether the united states can be here in afghanistan, with 10,000 or 20,000 troops, and also dealing with yemen and somalia and perhaps some sort of operation in mali. back to you. >> mali also one of the poorest countries in the...
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republican senator hagel emerged at the leading con tender to be president obama's pick to be secretary of defense, according to several democrats briefed on the process. the same sources say senator john kerry is talked up within the administration as a more likely nominee for secretary of state over susan rice, the current u.s. ambassador not united nations. a new study suggests this christmas travel season could be the busiest in six years. aaa predicts more than 93 million americans hitting the highways over the holidays, just 400,000 people shy of the record set in 2006. we continue our count down to the closing bell with the woman who likes her politics the same hi way likes her martinis, shaken, not stirred. liz: no, a mojito, light on the rum, adam. get it right. >> you look like a vodka woman to me, i don't know. liz: never. can't deal with that. a rough year for jcpenney, but things changing. the stock popped, but now the stock is up more than 17% this week alone. nicole? >> what a run for a company that's been struggling, sales dwindle, less traffic, ron johnson figuring out a way to ge
republican senator hagel emerged at the leading con tender to be president obama's pick to be secretary of defense, according to several democrats briefed on the process. the same sources say senator john kerry is talked up within the administration as a more likely nominee for secretary of state over susan rice, the current u.s. ambassador not united nations. a new study suggests this christmas travel season could be the busiest in six years. aaa predicts more than 93 million americans hitting...
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let's cut hundreds of billions in defense. it doesn't indicate what missions are going to be no longer what, programs we're going to kim. i mean, we really have to be stupid to be doing that. >> so irresponsible. >> not knowing where the cuts are hitting. >> right. >> for the security of this country. >> i agree. >> so, therefore, you're going to get some agreement. maybe it's january 5th, maybe it's december 30th, january 10th, but it will probably be a band-aid agreement. that's the problem. this isn't going to be one of these long-term deficit reduction, credible agreements that does tax reform, entitlement reform. >> that's for another day. >> that's for another day, so i don't think the markets are going to real that much, but i think it will prevent the fiscal cliff. >> always good to see you, larry. >> very good insights for next year. >> ten minutes before the closing pebble. a market that's low but well off the lows of the day. real comeback on the hools of the announcement that the president and speaker boehner will
let's cut hundreds of billions in defense. it doesn't indicate what missions are going to be no longer what, programs we're going to kim. i mean, we really have to be stupid to be doing that. >> so irresponsible. >> not knowing where the cuts are hitting. >> right. >> for the security of this country. >> i agree. >> so, therefore, you're going to get some agreement. maybe it's january 5th, maybe it's december 30th, january 10th, but it will probably be a...
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finances, the kinds of things that would normally come out in a confirmation but she didn't have the defense, the group around her that you would have if you were the nominee from the white house if you had been vetted and had that whole array of defenses. she was on her own really and left hanging. >> andrea, is there any indication there was pressure from the administration for susan rice to make this move? >> i don't know that, but i think it probably became clear she could probably read the tea leaves, and i don't know right now because we're talking to you and i haven't done additional reporting, whether she's still a possibility for national security adviser. that is the powerful white house position that does not require confirmation. if tom donilon were to move to the cia or one of the other posts that's now likely to be open, it would be possible for susan rice to become national security adviser and to be that close with the president. >> and andrea, is there any indication that the upcoming hearings on december 20th had any affect on this coming out today? >> well, i think that th
finances, the kinds of things that would normally come out in a confirmation but she didn't have the defense, the group around her that you would have if you were the nominee from the white house if you had been vetted and had that whole array of defenses. she was on her own really and left hanging. >> andrea, is there any indication there was pressure from the administration for susan rice to make this move? >> i don't know that, but i think it probably became clear she could...
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president hears from the generals who talk to him or talk to chairman of joint chiefs or secretary of defense. >> there are two schools of thought, one of them is, and this is from, you know, thousands of conversations with hundreds of troops ranging from privates to let's limit it to the lieutenant colonel level. or captain, one school of thought is, they don't want us there, there is nothing we can do. our presence is now doing more harm than good. which i think is starting to become a prove prevalent view among some policy makers that we have been there long enough that it is actually now bad, they are turning against us because of all of the civilians that have been killed and they don't want us there. there is another school of thought that court insurgency is possible, it is achievable you can bond these people to their government and we can leave this country a stronger, safer place and a place where the taliban and where al qaeda or al qaeda like group will not be able to find safe haven. but that second group is in the minority. i think the most, for the most part the people i talk t
president hears from the generals who talk to him or talk to chairman of joint chiefs or secretary of defense. >> there are two schools of thought, one of them is, and this is from, you know, thousands of conversations with hundreds of troops ranging from privates to let's limit it to the lieutenant colonel level. or captain, one school of thought is, they don't want us there, there is nothing we can do. our presence is now doing more harm than good. which i think is starting to become a...
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i've been told the president has a chuck hagel, former republican senator, as leading contender for defense secretary. he had a meeting with the president a couple weeks back. before we heard this about susan rice stepping down, and we have the letter she sent to the president withdrawing her name from consideration for secretary of state. i was hearing john kerry, senate foreign relation chairman was leading contender for secretary of state. i also heard separately that susan rice has been under k for national security advisor. it's a senior post where you have a lot of influence over the president's national security policy but it's a position in the white house that would not be confirm able by the senate. so the president could appoint her the national security advisor. we'll see whether or not he does. some democrats floated that to me. they knew, and the reason it's breaking now, they knew that and susan rice knew that what senator mccain threatening to filibuster that was going to be a bloody battle and the president is in the middle of a budget battle. about an hour from now we have
i've been told the president has a chuck hagel, former republican senator, as leading contender for defense secretary. he had a meeting with the president a couple weeks back. before we heard this about susan rice stepping down, and we have the letter she sent to the president withdrawing her name from consideration for secretary of state. i was hearing john kerry, senate foreign relation chairman was leading contender for secretary of state. i also heard separately that susan rice has been...
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korea intends an all out attack on its neighbors this program including nuclear program has purely defensive and in terms of purposes it's knows no size interest to have war because if you have war in korea both korea selection is off for a lot as long as the regime is stable in north korea and that's actually to keep pressure there is no immediate it's our danger of a war breaking up. still ahead this hour the russian president lashes out at america's president so strong that swallowing an american decision to sanction the russians who are linked to alleged rights violations and a high profile corruption case the sound lots more for you after a short break. i never thought i could earn a living this way. natalee issue of all is the norm or should test small arms so there's a lot almost machine building ploy and not obvious sourced count of all the weapons she's fired over the past twelve years. i got so used to it sometimes my friends ask me to join them at the rifle range and i say no wait i'm so tired of shooting. the planet's history goes from making firearms doing world war two to balli
korea intends an all out attack on its neighbors this program including nuclear program has purely defensive and in terms of purposes it's knows no size interest to have war because if you have war in korea both korea selection is off for a lot as long as the regime is stable in north korea and that's actually to keep pressure there is no immediate it's our danger of a war breaking up. still ahead this hour the russian president lashes out at america's president so strong that swallowing an...
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war savings is not a defense country. spending an enormous amount of money on defense, the largest chunk of our budget. if we continue down this road of pretending, democrats and republican does it pretend we are not going to reduce the defense budget, i don't know how we are going to achieve this miraculous spending restraint and balance we need. >> chris, thank you vet. shira, a great pleasure having you on, my first time with you on news nation. a pleasure to see you, michael. see you tomorrow. >> thank you. >>> digging deep near our new nbc news poll, we will tell you the top three words americans used to describe republicans and not one of them is grand, old or party. >>> plus, secretary of state hillary clinton is expected on capitol hill in exactly one week to testify about a report on benghazi and what went wrong there. it comes as her approval rating hits an all-time high but will she make another run for the white house? >> i really don't believe that that's something i will do again. what i want to do is just k
war savings is not a defense country. spending an enormous amount of money on defense, the largest chunk of our budget. if we continue down this road of pretending, democrats and republican does it pretend we are not going to reduce the defense budget, i don't know how we are going to achieve this miraculous spending restraint and balance we need. >> chris, thank you vet. shira, a great pleasure having you on, my first time with you on news nation. a pleasure to see you, michael. see you...
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all of this came hours after defense secretary leon panetta left the area. still not clear whether the attack was linked to his visit. erin burnett is walking with the secretary of defense hours before the attack. he talked about al qaeda. >> it was to defeat and disrupt and destroy. is that mission accomplished? >> the mission of defeating and deterring al qaeda i think is well on the way towards achieving the mission with regards to afghanistan. the threat we face here. we continue to face a threat elsewhere not only in pakistan, but yemen and elsewhere. we have had success against al qaeda here. i think the main challenge here is obviously to make sure there is no safe haven and the key is to secure and govern itself. those two are interlocked in terms of a mission that we have in afghanistan. >> you can hear much more from the defense secretary on erin burnett out front tonight on cnn. a satellite launched tuesday by north korea may not be in a stable orbit. north korea may not be in total control of the satellite and it's on this polar orbit at a relati
all of this came hours after defense secretary leon panetta left the area. still not clear whether the attack was linked to his visit. erin burnett is walking with the secretary of defense hours before the attack. he talked about al qaeda. >> it was to defeat and disrupt and destroy. is that mission accomplished? >> the mission of defeating and deterring al qaeda i think is well on the way towards achieving the mission with regards to afghanistan. the threat we face here. we...
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you saw the defense stocks move down. very rare miss in home builders. they had disappointing earnings and that has not happened much in the last couple quarters with home builders. >> certainly hasn't been. bob, i will see you later. >> commodities taking a hit after the fed's move. oil is down, gold is dropping below the 1700 level. sharon is at the nimex with a $20 loss in gold, sharon? >> fading quickly from the fed of course after chairman bernanke talked about the fact that you know, this is not offsetting any impact coming from the fiscal cliff. this is where they focus on this morning and we are looking at prices that slid even more so than the wti price. that gained more than wti over the last several sections. but it is right around $108 a barrel right now. natural gas harder hit and that had much more to do with the report that came out today that is very bearish. we are looking at a key technical level, now look for the down side target around 325. that's what traders are looking at. and you mention gold below 1700 and the fact that traders a
you saw the defense stocks move down. very rare miss in home builders. they had disappointing earnings and that has not happened much in the last couple quarters with home builders. >> certainly hasn't been. bob, i will see you later. >> commodities taking a hit after the fed's move. oil is down, gold is dropping below the 1700 level. sharon is at the nimex with a $20 loss in gold, sharon? >> fading quickly from the fed of course after chairman bernanke talked about the fact...
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if martoma cooperates, it is actually very important for his defense. we should also point out that martoma's attorney will deny the cooperation agreement. they are footing the bill for martoma's legal fees which is separate from his cooperation agreement. jake, unpack this for us. they have a cooperation agreement, which i think is pretty key here. what do you make of it. >> martoma just made the biggest trade of his life. he chose steve cohen. here is the deal that they have. steve cohen is paying the legal fees. that could be millions. he gets a copy of the government playbook. they will work and share information together. rather than flipping on steve cohen, he has decided to work with him and he is betting that the high-priced lawyers will beat the feds, as they usually do. adam: is this kind of like a conflict of interest. >> they say we have the same interests and beating the government and saying this was not insider-trading. the government also flipped this doctor who told martoma about the trials. charlie: this is all about martoma's trading.
if martoma cooperates, it is actually very important for his defense. we should also point out that martoma's attorney will deny the cooperation agreement. they are footing the bill for martoma's legal fees which is separate from his cooperation agreement. jake, unpack this for us. they have a cooperation agreement, which i think is pretty key here. what do you make of it. >> martoma just made the biggest trade of his life. he chose steve cohen. here is the deal that they have. steve...
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you mentioned, of course, secretary of defense was never in harm's way himself. he had already come back to kabul and left there about two and a half hours earlier. it's worth noting, we did just receive a statement from the taliban claiming responsibility for that attack. they said it was a suicide attack and that the attacker exploded himself in a 4 x 4 car full of explosives. now, the secretary, of course, was down there to address u.s. troops who are still there. there's about 14,000 troops in the area. he spoke to a smaller group of about 300 thanking them for their service, thanking them for their sacrifice, and thanking them for spending this upcoming holiday season away from their families. he also spoke about the tremendous progress made so far. he wanted to thank them for the work that's been done, and the attack just on the heels of his departure shows how much work there is to be done. in his private meeting with president karzai today back here in kabul, we understand the security was, of course, the main topic of conversation. his invitation has bee
you mentioned, of course, secretary of defense was never in harm's way himself. he had already come back to kabul and left there about two and a half hours earlier. it's worth noting, we did just receive a statement from the taliban claiming responsibility for that attack. they said it was a suicide attack and that the attacker exploded himself in a 4 x 4 car full of explosives. now, the secretary, of course, was down there to address u.s. troops who are still there. there's about 14,000 troops...
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some of the best defense money we can spend is providing defense to israel. because any nation, look it up, any nation that has said they want to destroy the little satan of israel normally follows it up by wanting to destroy the big satan, united states. so if the little satan, according to these wild-eyed radical terrorists, they see israel as the little satan and want to hit israel, we will be next. we're next on their agenda. so it is good defense for the united states when we help protect our friend israel. and the thought that this administration would even still entertain the possibility of sending 20 f-16's to egypt after we supported the deposing of our ally, president mubarak, is outrageous. and what i would hope is that somebody in the administration would say, mr. president, we're going to look pretty stupid if we send 20 f-16's of the most advanced generation to egypt when they're making waves about and some of their leadership thinks they ought to go ahead and get rid of israel. so maybe we better hold up on that and you got people like congress
some of the best defense money we can spend is providing defense to israel. because any nation, look it up, any nation that has said they want to destroy the little satan of israel normally follows it up by wanting to destroy the big satan, united states. so if the little satan, according to these wild-eyed radical terrorists, they see israel as the little satan and want to hit israel, we will be next. we're next on their agenda. so it is good defense for the united states when we help protect...
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it's hard for a secretary of defense to overturn precedent set by the prior secretary of defense. i think it gets a little bit political, too, which is sad. the grounds for the medal of honor, it's very simple. two eyewitnesses. that's all your need, just go. and the -- just two. and in the words of those marines in that room and the fact that those marines whose lives were saved by rafael, that they're able to testify to this because they're alive now because of what he did, that's enough for me. and here's the biggest problem, too, it's hard to have bureaucrats in d.c., doctors whether they're military doctors or not trying to make a call and a judgment on a combat situation. people do things that are heroic while gravely injured all the time in combat. that's just one of those strange things about combat. somebody gets shot so many times, they're still able to save their friends or commit some -- megyn: yeah. >> -- other act of bravery. so that's the biggies piewt. megyn: but they seem to be saying -- before we get to that, to offer -- i see what you're saying. mr. panetta basi
it's hard for a secretary of defense to overturn precedent set by the prior secretary of defense. i think it gets a little bit political, too, which is sad. the grounds for the medal of honor, it's very simple. two eyewitnesses. that's all your need, just go. and the -- just two. and in the words of those marines in that room and the fact that those marines whose lives were saved by rafael, that they're able to testify to this because they're alive now because of what he did, that's enough for...
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these are the president's defense cuts. they do the same thing. these are the president's entitlement cuts. they don't worry about that at all. >> oh, my god. right? and oh, my god. >> we call it regifting at the holiday time. >> thank you very much. after the break, governor creri snyder puts on the gloves, but he may have to prepare for a real heavy weight bout in 2014. we will enter the right to work ring when the president of the sciu joins us live next on "now." ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male
these are the president's defense cuts. they do the same thing. these are the president's entitlement cuts. they don't worry about that at all. >> oh, my god. right? and oh, my god. >> we call it regifting at the holiday time. >> thank you very much. after the break, governor creri snyder puts on the gloves, but he may have to prepare for a real heavy weight bout in 2014. we will enter the right to work ring when the president of the sciu joins us live next on "now."...
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defense spending in 2012. we all know that interest rates are also at historic lose lows because of the action of the federal reserve. and if they were to return to their historic norms, 4% and 5% range, you can see easily how our debt would spin out of control and there would be very little room to spend money either on safety-net programs or on national security. one more point. the president often says his tax increases would merely restore the top tax rates that prevailed when bill clinton was in the white house, but that's demonstrably false. thanks to new taxes under obamacare, including the new 3.8% surtax on investment income, top rates would be significantly higher than they would be under the clinton administration. and, of course, you're not just talking about federal taxes. people in -- all around the country have to pay state, loc local, and federal taxes, many of whom would end up paying the majority of their paycheck in taxes. here's the reality. tax cuts did not create our fiscal problems and s
defense spending in 2012. we all know that interest rates are also at historic lose lows because of the action of the federal reserve. and if they were to return to their historic norms, 4% and 5% range, you can see easily how our debt would spin out of control and there would be very little room to spend money either on safety-net programs or on national security. one more point. the president often says his tax increases would merely restore the top tax rates that prevailed when bill clinton...
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should the iranians trust them to a not pass on this information to the united states about you and defense capabilities and b. what is the end game. coming on the russian president lashes out at the american prison system. following a u.s. decision to sanction russian officials linked to alleged rights violations in a high profile corruption case. and as greece gets vital cash injection to avoid bankruptcy and we talked to one expert about how effective the next bailout funds and the staring he actually is here's another stories for you after a short break. the city california police force to shrink by eighty officers this year to cover their budget deficit during a local meeting the police. laid out the city's problems the sea is facing waves of gang violence theft and drug trafficking but with all the prisons completely overcrowded many of these criminals go right back on to the street and there's just nobody to put more police out there to fight them the police chief really only had one solution offer a given situation go home lock your doors and load and you know what actually that's n
should the iranians trust them to a not pass on this information to the united states about you and defense capabilities and b. what is the end game. coming on the russian president lashes out at the american prison system. following a u.s. decision to sanction russian officials linked to alleged rights violations in a high profile corruption case. and as greece gets vital cash injection to avoid bankruptcy and we talked to one expert about how effective the next bailout funds and the staring...
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defense secretary leon panetta is is in afghanistan today. he met with u.s. and afghan troops and commanders in kandahar to talk about the future of the protection force there. panetta told cnn the mission is fundamentally unchanged since it began more than ten years ago. target al qaeda everywhere. >> the mission of defeating and deterring al qaeda, i think, is well on the way towards, you know, achieving the mission with regards to afghanistan and the threat that we face here. we continue to face al qaeda, obviously, elsewhere not only in pakistan but in yemen and somalia and elsewhere. but, you know, we have had remarkable success going after special operations against al qaeda here, and we're continuing to do that. i think the main challenge here is obviously to make sure there's no safe haven for al qaeda in which to conduct aattaattac attacks but the key is afghanistan can govern itself. those two are enter locked in terms of the mission we have in afghanistan. >> hear more from secretary of defense on erin burnett "outfront" tonight at 7:00 eastern. >>
defense secretary leon panetta is is in afghanistan today. he met with u.s. and afghan troops and commanders in kandahar to talk about the future of the protection force there. panetta told cnn the mission is fundamentally unchanged since it began more than ten years ago. target al qaeda everywhere. >> the mission of defeating and deterring al qaeda, i think, is well on the way towards, you know, achieving the mission with regards to afghanistan and the threat that we face here. we...
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. >> last week, the supreme court of litigations had the defensive marriage act, and with the 1.5 million cost, outside counsel to sign the law, but according to the report, it decreased. do you support the idea of raising -- >> if the justice department is not going to enforce the law of the land, the congress will. thank you, all. >> all right, speaker of the house, john boehner, that's where we are, live update from washington on the progress or lack thereof, pushing for stepping cuts as expected, but the president's idea of a balanced approach is anything but. brett, the host of special reports, fox news channel with us now from dc. what's the analysis of that? what's going on here? >> connell, i don't think it's just public pronouncements. i don't think this is just bluffing for the microphone phone, and this is where republicans are, and they don't believe that the white house, that the president has put forward significant spending cuts anywhere near what they would like to see prior to jumping off a point where they are going to raise any tax rates. i mean, if they get to the poin
. >> last week, the supreme court of litigations had the defensive marriage act, and with the 1.5 million cost, outside counsel to sign the law, but according to the report, it decreased. do you support the idea of raising -- >> if the justice department is not going to enforce the law of the land, the congress will. thank you, all. >> all right, speaker of the house, john boehner, that's where we are, live update from washington on the progress or lack thereof, pushing for...
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the secretary of defense is safe. he is in kabul. he is meeting with afghanistan's president, hamid karzai. he announced karzai will make a trip to the white house in the new year. news out of afghanistan. still at war there. of course can't forget our troops this time of year or anytime. more as we get it. jon: there's a new twist to the bizarre saga involving a mill fair software pioneer. john mcafee back in the united states now. but the man known for the anti-virus software that bears his name remains under investigation for a murder in belize. phil keating live from miami with more. phil? >> reporter: jon, no longer stuck in a guatemalan jail, john mcafee is in swanky south beach where he slept and enjoyed a little bit of newfound freedom. however things could change from him depending on the police in belize. as guatemalan police yesterday morning put him into a car and wifked him off to the airport. it was a normal scene, bed lam and several cameras. he checked into a art deco hotel tell in miami beach and asked for a lot priv
the secretary of defense is safe. he is in kabul. he is meeting with afghanistan's president, hamid karzai. he announced karzai will make a trip to the white house in the new year. news out of afghanistan. still at war there. of course can't forget our troops this time of year or anytime. more as we get it. jon: there's a new twist to the bizarre saga involving a mill fair software pioneer. john mcafee back in the united states now. but the man known for the anti-virus software that bears his...
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should the iranians trust them to not pass on this information to the united states about you ones defense capabilities and b. which what is the end game well speaking of any games and of course you mentioned the u.s. is sort of being the big pushing for behind this encircled meant of iran at least in terms of sanctions now the u.s. of course has previously previously warned its ally israel against a preemptive strike on iran but critics are suggesting that that was because president obama was fighting an election now that all of that is over do you think that this situation could change. no i think that the last two years in syria has shown that this by american and western attempts to create a civil war in syria and the murder of tens of thousands of syrians support of the most despotic. regimes in the world. they've they've shown that they do not have as much power as they pretend that they do they said for almost two years that syria's about to fall and it didn't israel on the other hand its power has been shown in gaza they fought a week a week in gaza and at the end of the day they h
should the iranians trust them to not pass on this information to the united states about you ones defense capabilities and b. which what is the end game well speaking of any games and of course you mentioned the u.s. is sort of being the big pushing for behind this encircled meant of iran at least in terms of sanctions now the u.s. of course has previously previously warned its ally israel against a preemptive strike on iran but critics are suggesting that that was because president obama was...
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speaker, i rise to instruct the motion conferees, the national defense authorization for fiscal year 2013, to accept the senate language that requires the plan for promoting the security of afghan women and girls during the security transition process. the speaker pro tempore: the clerk will report the motion. the clerk: motion to instruct conferees offered by mrs. davis of california. mrs. davis of california moves that the managers on the part of the house at the conference on the disagreeing votes of the two houses on the senate amendment to the bill h.r. 4310 be instructed to agree to section 1249 of the senate amendment relating to a plan for promoting the security of afghan women and girls during the security transition process. the speaker pro tempore: pursuant to clause 7 of rule 22, the gentlelady from california, mrs. davis, and the gentleman from california, mr. mckeon, each will control 30 minutes. the chair recognizes the gentlelady from california. mrs. davis: thank you, mr. speaker. i yield myself such time as i may consume. the speaker pro tempore: the gentlelady is r
speaker, i rise to instruct the motion conferees, the national defense authorization for fiscal year 2013, to accept the senate language that requires the plan for promoting the security of afghan women and girls during the security transition process. the speaker pro tempore: the clerk will report the motion. the clerk: motion to instruct conferees offered by mrs. davis of california. mrs. davis of california moves that the managers on the part of the house at the conference on the disagreeing...
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. >> for example, the department of defense just provided a $2 million grant to study the effects of transdental meditation on posttraumatic stress disorder. as "forbes" magazine says, stress is the black plague of the 21st century. it can't be prevented. it can't be cured by conventional means. this technique has shown to be highly effective in eliminating posttraumatic stress disorder. these kids in the urban centers have the same symptoms of ptsd as soldiers coming back from iraq and afghanistan. it's something that something ancient and traditional, and not a philosophy or religion, or change in lifestyle. anyone can do it. something that simple can have a profound impact on modern ailments. >> we're seeing the government get involved and really try to promote it and multiply the difference that can come from it all. >> there's a military college in vermont called norwidge. he feels like this could be basic training. it adds resiliency. the immune system is strengthened. >> jerry, thanks for coming and talking about it. >> thanks, george. >> tonight, i'll be hosting a benefit for
. >> for example, the department of defense just provided a $2 million grant to study the effects of transdental meditation on posttraumatic stress disorder. as "forbes" magazine says, stress is the black plague of the 21st century. it can't be prevented. it can't be cured by conventional means. this technique has shown to be highly effective in eliminating posttraumatic stress disorder. these kids in the urban centers have the same symptoms of ptsd as soldiers coming back from...
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he is very fast and great on defense. >> good news he is back. nine minutes before nine. we continue to follow breaking news down in coopertino where two schools closed including monta vista and lincoln. this after someone threatened to plant a bomb on campus. a live report on the threat that also targeted a teacher. >> and still checking traffic. we will check on the gridlock out see you the bay bridge. the metering lights still on at the toll plaza. [ female announcer ] here's to a whole world of happier holidays. time to enchant, delight and amaze. safeway will help you gather everyone round. a smoked, shank half ham is only 99 cents a pound. get breyer's ice cream for $2.88 and dessert will surely shine. make it a grand finale with starbucks just $6.99. turns out this season less is really so much more. so make your holiday merrier than ever before. safeway. ingredients for life. . >>> one more update on the breaking news. officers searching for a bomb at a school. classes are canceled at lincoln elementary and monta vista in coopertino. >> reporter: we are here at th
he is very fast and great on defense. >> good news he is back. nine minutes before nine. we continue to follow breaking news down in coopertino where two schools closed including monta vista and lincoln. this after someone threatened to plant a bomb on campus. a live report on the threat that also targeted a teacher. >> and still checking traffic. we will check on the gridlock out see you the bay bridge. the metering lights still on at the toll plaza. [ female announcer ] here's to...
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he was a defensive lineman at newark memorial high school. daniel howard and 32 year old rafeal to var on suspicion of murder. police investigators obtained confessions from the two suspect with knowledge that the victim was their intended target. >> we are really watching 101 south bound in redwood city. a multicar accident all lanes are blocked. that is our new hot spot we waffled details coming up next. welcome back to the kron 4 morning news. >> security for mcafee on thursday released a report warning that a massive cyber attack on 30 u.s. banks have been planned, with the goal of stealing millions of dollars from consumers' bank accounts. >> a gain of cyber criminals have developed a sophisticated trojan and that following money out of bank accounts from chase, citibank, and wells fargo, also pay pals as well as dozens of other large banks. >> known as project blitz drieg, the plan has been successfully tested on the least 300 guinea pigs a bank account in the nine stakes in the crime ring had plans to launch its attack in full force in
he was a defensive lineman at newark memorial high school. daniel howard and 32 year old rafeal to var on suspicion of murder. police investigators obtained confessions from the two suspect with knowledge that the victim was their intended target. >> we are really watching 101 south bound in redwood city. a multicar accident all lanes are blocked. that is our new hot spot we waffled details coming up next. welcome back to the kron 4 morning news. >> security for mcafee on thursday...
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here's defense secretary leon panetta. >> the fact that they've launched this missile is clear provocation. we've warned them not to do it. one of the reasons we're real balancing the pacific is to deal with the threat from north korea. and we will. we're prepared to do that. we'll respond if we have to. >> breaking news out of afghanistan where leon panetta had been visiting. a car bomb went off just hours after he left. officials say the secretary was never in danger. >> jerry brown is fighting cancer. it's the second time since returning to office and the third time since 2008. his office said the 74-year-old is undergoing radio therapy for early stage prostate cancer but said he won't miss work. he was treated for skin cancer in 2008 and 2011. >> last night's 121212 concert raised $30 million for victims of hurricane sandy. it included springsteen and bon jovi, alycia keys, the rolling stones, the who and paul mccartney. here's a little taste of another legend, billy joel. ♪ got washed away, jamaica bay and sent manhattan out to sea ♪ ♪ ♪ >> some of us couldn't go to the show s
here's defense secretary leon panetta. >> the fact that they've launched this missile is clear provocation. we've warned them not to do it. one of the reasons we're real balancing the pacific is to deal with the threat from north korea. and we will. we're prepared to do that. we'll respond if we have to. >> breaking news out of afghanistan where leon panetta had been visiting. a car bomb went off just hours after he left. officials say the secretary was never in danger. >>...
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this season, a good offense is the best defense and lysol has your family covered because that's our mission for health. but when joint pain and stiffness from psoriatic arthritis hit even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections tuberculosis lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores have had hepatitis b have been treated for heart failure, or if, while on enbrel, you experience persistent fever, bruising, bleeding, or paleness. [ phil ] get back to
this season, a good offense is the best defense and lysol has your family covered because that's our mission for health. but when joint pain and stiffness from psoriatic arthritis hit even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept suppresses your immune system, it may lower your ability to fight...
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as you know, house republicans are in defense of that law. there was a $1.5 million cost cap outside counsel to fund that, but according to house democrats, that cost cap has decreased. do you is not the idea of raising that to pay for it? >> if the justice department is not going to enforce the law of the land, the congress will. thank you all. >> there's house speaker john boehner walking off the podium after handling a number of questions. what he seemed to underscore is the fact that there has not been much progress made. he said it is clear the president has not committed to cutting spending. the president needs to step up at this time and that the president is intent on slow walking the economy right up to the edge of the fiscal cliff. as for market reaction, markets taking a little bit of a pause here. we're off the session lows at this point. what was notable, though, was a pop in the volatility index. and that was up by 2% at last check. let's bring in john harwood to get more reaction to what speaker boehner just said. john. >> repo
as you know, house republicans are in defense of that law. there was a $1.5 million cost cap outside counsel to fund that, but according to house democrats, that cost cap has decreased. do you is not the idea of raising that to pay for it? >> if the justice department is not going to enforce the law of the land, the congress will. thank you all. >> there's house speaker john boehner walking off the podium after handling a number of questions. what he seemed to underscore is the fact...
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i was actually with the defense secretary in kandahar today. the attack was about two hours after his departure and as you said, it's unclear whether this attack was targeted at the defense secretary or not. but as you said you can it was right at the entrance to the kandahar air field. it's pretty interesting because in kandahar today, i had a chance to talk to general abrams who is the commander for the southern part of afghanistan. and he talked about this issue specifically when he was asked about the security, he said it gets better every single day. and specifically when he talked about the taliban, he said the insurgent capabilities here are pretty limited and he mentioned actually an attack that they had tried to carry out on kandahar air field that had failed. so obviously the timing on this is terrible. there are people who have you now lost their lives. but this goes against the narrative that the united states coalition force and the afghan government are trying to build, which is that this is an insurgency that is waning and on its
i was actually with the defense secretary in kandahar today. the attack was about two hours after his departure and as you said, it's unclear whether this attack was targeted at the defense secretary or not. but as you said you can it was right at the entrance to the kandahar air field. it's pretty interesting because in kandahar today, i had a chance to talk to general abrams who is the commander for the southern part of afghanistan. and he talked about this issue specifically when he was...
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this is a few hours after defense secretary leon panetta left the area. no word on whether the attack was linked to the visit but in all likelihood could have been based on what we saw in kabul a few months ago. this is new video of panetta of the unannounced trip to afghanistan. he was speaking to 300 troops at the airfield in kandahar province the secretary there to talk about withdrawal of most u.s. combat troops in 2014. u.s. commanders on the ground have called for 15,000 it remain there. the pentagon under white house pressure to make do with as small a force as possible. in kabul a few months ago he was at the airfield there when someone driving a truck that should not have been there and very dangerous there. in kandahar the southern part of the country, that was the heartbeat of the taliban. that is where the enemy is living now. alisyn: there is always security concerns, today in particular. we're just getting started here on "america's newsroom." new fallout from the president's health care law. first came word of that medical device tax and a
this is a few hours after defense secretary leon panetta left the area. no word on whether the attack was linked to the visit but in all likelihood could have been based on what we saw in kabul a few months ago. this is new video of panetta of the unannounced trip to afghanistan. he was speaking to 300 troops at the airfield in kandahar province the secretary there to talk about withdrawal of most u.s. combat troops in 2014. u.s. commanders on the ground have called for 15,000 it remain there....
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it is therefore imperative that senate deliberations on the defense bill be conducted without limitations and in a manner that allows for the consideration of all related amendments that senators may wish to offer." so i feel aggrieved that my little amendment is not even going to get any more debate than these few moments right now. i know the senator from tennessee feels the same way, and undoubtedly senator udall would prefer a vote and debate on his amendment. we can fix this senate. we can get back to the leadership we had under mansfield and mitchell of maine and lott of mississippi, and other majority leaders, and we can move legislation along, but not if we continue this -- this abuse of the process by filling the amendment tree. i'll be voting with the senator and with the distinguished senator from pennsylvania on the point of order, because we need to draw a bright red line there. but beyond that, we may get on this issue at some 0 ooh point. i hope the senate can get back to an orderly debate on matters of substance and i thank my friend, the senator from tennessee, for yieldi
it is therefore imperative that senate deliberations on the defense bill be conducted without limitations and in a manner that allows for the consideration of all related amendments that senators may wish to offer." so i feel aggrieved that my little amendment is not even going to get any more debate than these few moments right now. i know the senator from tennessee feels the same way, and undoubtedly senator udall would prefer a vote and debate on his amendment. we can fix this senate....
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courts and public defense service act of 2011. i would like to thank senator joe lieberman, the chair of the senate homeland security committee which has jurisdiction over the district of columbia, particularly senator daniel akaka, the chair of the senate subcommittee on oversight and government management federal work force and the district of columbia. for author ushering the bill through a subcommittee and getting it passed with a voice vote. both senators lieberman and akaka are retiring this year. they each will leave with legacies of accomplishment to the nation, and both senator lieberman and senator akaka have always been good friends of the district. they will be very much missed in both chambers by all of us. but particularly by the residents of the district of columbia. s. 1379 is an important bill for the administration of justice in the district of columbia. it would allow the chief judge of the superior court or the court of appeals to delay judicial proceedings in the event of a natural disaster, terrorist attack,
courts and public defense service act of 2011. i would like to thank senator joe lieberman, the chair of the senate homeland security committee which has jurisdiction over the district of columbia, particularly senator daniel akaka, the chair of the senate subcommittee on oversight and government management federal work force and the district of columbia. for author ushering the bill through a subcommittee and getting it passed with a voice vote. both senators lieberman and akaka are retiring...
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back in the '60s the defense department said if you can deliver a silicon that will do "x" we'll buy it, we don't care whether you're ibm or a bunch of engineers down in houston, texas, working for texas instruments. today the government would say you give us a battery with this kind of energy density or solar cell with this degree of efficiency, and we'll buy it, whether it comes from general electric or three guys in the garage and we'll pull you down the learning curve. we'll pull you down. >> obviously -- >> the united states is still the creator innovations, all of the innovations have come from here the last 20 years? >> i think the united states remains a continuing leader at the frontier of innovation, but there are others that are catching up. >> the book is called "doing capitalism in the innovation economy." bill, nice to have you. we'd love to have you back. anybody who likes to throw it down with our friend will cain. >> i look forward to it. >> it's done and done. you heard him say yes. we have to take a break. still ahead this morning, we'll be talking about north kore
back in the '60s the defense department said if you can deliver a silicon that will do "x" we'll buy it, we don't care whether you're ibm or a bunch of engineers down in houston, texas, working for texas instruments. today the government would say you give us a battery with this kind of energy density or solar cell with this degree of efficiency, and we'll buy it, whether it comes from general electric or three guys in the garage and we'll pull you down the learning curve. we'll pull...
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no question. >> bill: would he take defense if he doesn't get state? >> i make no claims to reading the mind of john kerry. he sphnt made himself available to the press to talk about it. >> bill: it would not be a step down to be secretary of defense. >> of course not. he has a lot of experience on foreign policy issues. it would be an appropriate fit. >> bill: no matter what they said in 2004, he is a genuine america war hero. i want to throw that in here. your article is interesting in "national journal." a secretary john kerry either state or defense would elevate climate issues. why do you say that? >> it's interesting, i don't know if a lot of people realize if a lot of americans realize that climate change is an issue that john kerry is extremely passionate about. as a foreign policy and national security issue. and i think a lot of democrats especially on the liberal end of the spectrum care about climate change and talk about it. john kerry has been working sort of, you know, behind the scenes on climate change issues for 20 years. he went to -
no question. >> bill: would he take defense if he doesn't get state? >> i make no claims to reading the mind of john kerry. he sphnt made himself available to the press to talk about it. >> bill: it would not be a step down to be secretary of defense. >> of course not. he has a lot of experience on foreign policy issues. it would be an appropriate fit. >> bill: no matter what they said in 2004, he is a genuine america war hero. i want to throw that in here. your...
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. >> defense. >> defense. all of these things. >> which accounts for about a trillion dollars of the budget every year. we've got less than that. >> of course, the long-term struggle is with entitlements. i think that's one of the greatest differences where we cut with republicans. i know we have to cut from entitlements because that's what bankrupts us. i know we have to cut from defense. but i'm concerned about r&d. i'm concerned about transportation. i'm concerned about education. i'm concerned about cutting in all of these areas that make china -- give china a bigger advantage as we move forward that give our global competitors a bigger advantage. that's what really concerns me. >> two quick observations. if you're in business and you're told we've got to make changes at our budget and you look at 6%, 15% of your budget, 9% of your budget, you've got to make cuts, you look at the 60% first and say where can we make manufacture she's cuts. talk about not endangering our ability to compete and win going forw
. >> defense. >> defense. all of these things. >> which accounts for about a trillion dollars of the budget every year. we've got less than that. >> of course, the long-term struggle is with entitlements. i think that's one of the greatest differences where we cut with republicans. i know we have to cut from entitlements because that's what bankrupts us. i know we have to cut from defense. but i'm concerned about r&d. i'm concerned about transportation. i'm concerned...
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we still want to be in very defensive sectors. and that really has nothing to do with the fed. which was the original question that you were asking. i think it has to come much more from the fiscal and the regulatory side and it doesn't look like you're going to get much of a deal there. >> hmm. so you -- you think -- so now we're back to the fiscal cliff. you think there is no deal coming? or you think we're getting a baby deal? >> i think you're getting a baby deal. and i think without structural. true structural reform i don't think you're going to have the types of risk taking on the part of businesses that would generate real growth. and i think there is a yawning gap between business confidence and consumer confidence right now. capital spending is already weakened. but consumer confidence still remains relatively high. >> when does it hit the consumer? >> i think really in the first quarter. because especially if the payroll tax cut is not extended, which it seems very possible, that is a very big deal. i also think you really have to watch to see whether the debt ceilin
we still want to be in very defensive sectors. and that really has nothing to do with the fed. which was the original question that you were asking. i think it has to come much more from the fiscal and the regulatory side and it doesn't look like you're going to get much of a deal there. >> hmm. so you -- you think -- so now we're back to the fiscal cliff. you think there is no deal coming? or you think we're getting a baby deal? >> i think you're getting a baby deal. and i think...
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nice through the defense. he always makes the underhand lay-up shots. the celtics up three. this time, no come back from the mavs. boston goes on to win 117-115. celtics improve to 12-9 on the season. this one is good. the jazz at home facing the spurs. clock running down. mo williams. he throws it up. deep. good. the jazz pull off the upset. last second three pointer and win 99-96. williams had missed all three of his prior threes in the game. but he comes through with a game winn winner. coming up, a tense phone call between the president and speaker boehner has washington insiders doubting an end to the fiduciary fiasco. when we come back here, we'll huddle around the water cooler. music industry's biggest stars come together for a hurricane sandy benefit concert including a special tribute by a can't miss classic adam sandler. all of the night's best moments straight ahead. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we pu
nice through the defense. he always makes the underhand lay-up shots. the celtics up three. this time, no come back from the mavs. boston goes on to win 117-115. celtics improve to 12-9 on the season. this one is good. the jazz at home facing the spurs. clock running down. mo williams. he throws it up. deep. good. the jazz pull off the upset. last second three pointer and win 99-96. williams had missed all three of his prior threes in the game. but he comes through with a game winn winner....